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In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. In total, the U.S. has a collective balance of over $1.7 trillion in student loans.
According to Experian data, the average student loan balance for all borrowers was $38,787 in 2023. Americans owed $1.75 trillion in some sort of education debt as of the first quarter of 2024, per...
The average federal student loan debt per person in Georgia has ... to more than $1.77 trillion in quarter one of 2023, ... tip the balance of how much student loan debt a worker is saddled with ...
Student Loans 2023: 5 Money Missteps To Avoid When Payments Resume. Vance Cariaga. September 13, 2023 at 5:00 AM. ... Borrowers carry an average federal student loan debt balance of $37,667.
The typical millennial borrower carries an average balance of $32,800. Student loan debt has also actively increased across all generations by an average of 1.04% from 2022 to 2023.
As of March 2023, the average federal student loan debt in the United States was about $37,720, according to a BestColleges analysis of Education Department data. For that amount, the payment on a ...
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